| CDNS |
Report |
Q2 revenue |
BEAT |
pred ~$1.605B vs. cons $1.580B |
MEDIUM |
| CDNS |
Report |
Q2 non-GAAP EPS |
BEAT |
pred ~$2.11 vs. cons $2.05 |
MEDIUM |
| CDNS |
Report |
Q2 non-GAAP operating margin |
BEAT |
pred ~45.7% vs. cons 45.1% |
MEDIUM |
| CDNS |
Guide |
FY26 revenue guidance |
BETTER |
guide ~$6.240B vs. cons $6.200B (FY26) |
MEDIUM |
| CDNS |
Guide |
FY26 non-GAAP EPS guidance |
BETTER |
guide ~$7.98 vs. cons $7.92 (FY26) |
MEDIUM |
| CDNS |
Guide |
Q3 revenue guidance |
LOWER |
guide ~$1.505B vs. cons $1.520B (Q3 2026) |
MEDIUM |
| CDNS |
Return |
Day-1 residual (stock − beta × S&P 500) |
+4.5% |
— |
MEDIUM |
| CDNS |
Return |
5-day cumulative residual |
+6.0% (FOLLOW-THROUGH) |
Day-1 residual ~4.5% versus a 0.0% beta-adjusted S&P 500 baseline should extend to ~6.0% cumulatively over five days: a FY26 revenue/EPS raise, rather than the Q2 beat alone, supports positive out-period estimate revisions despite a seasonally softer Q3 revenue outlook. |
MEDIUM |